ATLANTA and OSWEGO, NY--Oct. 25, 2013: Novelis, the world leader in
aluminum rolling and recycling, today commissioned a $200 million expansion
of its rolling operations in Oswego, NY. The expansion increases the
company's North American capacity for producing aluminum sheet for the
automotive industry by 240,000 tons, five times the company's existing
capacity in the region.

"This automotive expansion in North America is an important piece of our
global strategy in a market that is experiencing explosive growth," said
Phil Martens, Novelis President and Chief Executive Officer. "We are
aggressively increasing our capacity to produce automotive sheet worldwide
and we are well-positioned to extend our leadership in this strategic
market segment."

Novelis began construction on two new high-performance aluminum
processing lines for automotive applications at its Oswego facility in 2011
in response to escalating demand for automotive aluminum sheet in the
United States. The company added more than 100 jobs at the Oswego plant as
a result of the expansion.

“This $200 million expansion project by Novelis provides vital
economic development for Central New York – creating more than 100
permanent jobs and bringing significant private investment to the
community,” Governor Andrew M. Cuomo said. “Novelis’
commitment to the region is further evidence that Upstate New York is open
for business, and I look forward to the company’s continued presence
in Oswego.”

Novelis is the world's leading provider of aluminum automotive sheet,
used for making structural components and exterior body panels. Novelis
aluminum can be found in more than 180 different vehicle models produced by
leading automakers around the globe.

“Today’s commissioning marks an important milestone in
Novelis’ ongoing commitment to serving the automotive
industry,” said Marco Palmieri, Senior Vice President and President,
Novelis North America. “Intensive use of aluminum in vehicles is
growing more than 25 percent a year. Not only does this expansion allow us
to respond to the rapidly increasing demand for aluminum automotive sheet,
it also plays a key role in our ongoing recycling efforts to further
improve the sustainability of aluminum in vehicles.”

The company is investing around the world to boost its automotive
finishing capabilities. In addition to the Oswego expansion, a new plant is
under construction in Changzhou, China, which is expected to commence
production in mid-2014 and will have a capacity of 120,000 tons. The
company also recently certified automotive production at its Gottingen,
Germany plant that will ultimately add 40,000 tons of additional capacity.
These new locations will join the company's existing automotive facilities
in Kingston, Ontario, Canada; Sierre, Switzerland and Nachterstedt,
Germany.

Aluminum is the sustainable choice for vehicles because of its
recyclability and low weight. To meet new fuel economy standards, North
American auto makers are using more aluminum in cars to make them lighter
and more fuel efficient. New federal regulations are challenging automakers
to boost the fuel economy of their vehicles to approximately 54.5 miles per
gallon by model year 2025 and to reduce emissions.

The Novelis Oswego facility is an integrated recycling, hot rolling and
cold rolling complex producing aluminum sheet for the beverage can,
automotive and building and construction industries. Producing more than a
billion pounds of high-quality aluminum sheet each year, Oswego is the
company's largest, wholly-owned fabrication facility in North America. The
plant currently employs approximately 850 people.